Two Turkish mills hike their dollar-based domestic scrap prices

Tuesday, 05 October 2021 14:15:47 (GMT+3)   |   Istanbul
       

 The local Turkish scrap market has continued its upward trend today, October 5, with two Turkish mills raising their prices by a range of TRY 100-220/mt ($14-27mt) as compared to SteelOrbis’ report published on September 30. The other producers have kept their domestic scrap purchase prices stable on TRY basis, with a $2-3/mt increase in their dollar prices. As a result, the general range in the local Turkish scrap market for the benchmark DKP grade scrap has remained in the range of TRY 3,550-4,320/mt, while on US dollar basis they have settled at $401-488/mt, versus $399-485/mt previously.

Producer/ product

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

30.09.2021 

30.09.2021 

Cansan

 

 

 

 

DKP

4,000

452

100

14

Ekstra

3,150

356

150

19

Kardemir

 

 

 

 

DKP

4,300

486

170

22

Ekstra

4,065

459

220

27

 


Similar articles

New York P&S containerized scrap prices rise for May

11 May | Scrap & Raw Materials

May HMS I/II 80:20 containerized scrap prices rise in New York

11 May | Scrap & Raw Materials

Containerized 5-foot P&S scrap prices settle steady for May in Los Angeles

11 May | Scrap & Raw Materials

Los Angeles HMS I/II scrap steady week on week

11 May | Scrap & Raw Materials

Global View on Scrap: Turkish market softens amid mills’ reluctance, mixed sentiments in Asia

10 May | Scrap & Raw Materials

Turkey’s domestic scrap market declines on upper end

10 May | Scrap & Raw Materials

US flat steel trends lower as May spot market seeks solid price signals

10 May | Flats and Slab

Import containerized scrap prices in Bangladesh stable in occasional deals, minimum interest in bulk

10 May | Scrap & Raw Materials

Taiwan’s import scrap market continues moving down

10 May | Scrap & Raw Materials

New increases in local Italian scrap market amid high tensions and uncertainty

10 May | Scrap & Raw Materials